You’ve not drawn salary from your company for the last three months because its income was significantly reduced. It’s now improving and you’re restarting your salary next month. Is it worth paying
yourself the arrears?
Published 07.07.2020
As a director of your small company you have complete autonomy over when and how you are paid. What do you need to consider before committing your company to a salary if cash is tight?
Published 17.10.2023
Whilst there’s only a couple of weeks left in the current tax year, as a company owner manager that’s enough time in which you can improve your income tax efficiency. What steps should you be taking
to achieve this?
Published 24.03.2022
As a director of a small company you can more or less say how and when you would like your salary paid. The trouble is your total income varies each year which makes it tricky to decide what salary
to take. Is there a way around this?
Published 16.10.2018
Coronavirus has played havoc with dividends as a profit extraction method for owner managers of some companies and may have put them at a tax disadvantage for some time to come. How might a similar
situation be avoided in future?
Published 01.06.2021
On advice from your accountant your businesses are owned by separate companies within a group. As a director of each company what’s the most tax and NI-efficient way to be paid earnings from them?
Published 26.10.2023
At the end of your company’s last financial year your director’s loan account was in the red. Your accountant has suggested writing off what you owe to avoid a charge on the company, but is this the
most tax-efficient option?
Published 01.05.2019
A subscriber is the main shareholder of a company and his spouse owns the remaining shares. They each receive dividends but our subscriber wants to know if it will be tax efficient for the company to
also provide shareholder benefits?
Published 08.07.2021
Your company’s financial year is ending soon and projections point to a reasonable profit. If you draw this as a dividend, you’ll pay higher rate tax, whereas your spouse would only pay at the basic
rate. Can you simply shift the income to them?
Published 26.11.2010
Your spouse was made redundant with little prospect of getting a job in the near future. As a result they’re wasting their tax-free allowance and losing state pension rights. Might paying them from
your company help?
Published 17.12.2020